When you reinvest your cryptocurrency, you are essentially selling one type of crypto and purchasing another. This is considered a taxable event, even if you do not cash out to fiat currency. What you reinvest in isnât even relevant, but rather the gains or losses you make on the sale of crypto is whatâs taxed. … Read more
Have you ever wondered if your stock trading habit is actually just a fancy form of gambling? You’re not alone Even the legendary investor Warren Buffett has been vocal about how today’s stock market increasingly resembles a casino As someone who’s been watching the markets for years, I gotta say – the line between investing … Read more
Have you ever deposited a check and then waited… and waited… for the money to actually show up in your account? It’s one of those banking headaches we’ve all experienced. You’re thinking “Hey, that’s MY money – why can’t I use it right away?” Well, I’ve been there too, and today I’m gonna break down … Read more
Have you ever wondered why some people seem to build wealth effortlessly while others struggle? The secret often lies in understanding different investment options Whether you’re just starting your financial journey or looking to diversify your portfolio, knowing the 4 main types of investments is crucial I’ve spent years navigating the complex world of investing, … Read more
If you’re looking to invest $500,000 and double it within three years to make $1 million, one asset class you should consider is real estate. Continue reading to learn the strategy from an expert investor. Given how volatile the stock market has been lately, and how anemic bond yields have been, many investors are looking … Read more
When designing your perfect engagement ring, deciding on metal choice may at first seem like a choice between colors of yellow, white, or rose. But if you’re going with gold, you have a wide variety of options – does 10K, 14K, 18K, and 24K gold ring a bell? Each of these can make a huge … Read more
Are you wondering how frequently you can sell stocks on Robinhood without running into problems? Let me clear this up for you in simple terms I’ve been trading on Robinhood for years and have bumped into these restrictions myself a few times The Quick Answer You can sell stocks on Robinhood as often as you … Read more
Most people enter options trading with big dreams—so why do nearly 90% end up losing money? Our guide will review this phenomenon and bring some understanding of why so many traders fail to turn a profit when trading options for the first time. If you want to be a part of the 10% of new … Read more
Inheriting a large sum of money can completely change your life. It opens up countless opportunities, and you might ask yourself, âWhat to do with my $500K inheritance?â A large inheritance also comes with a range of responsibilities and uncertainties. How you handle this newfound wealth will determine its long-term impact on your life. So, … Read more
In the ever-evolving investment landscape, ETFs have become a go-to option for both seasoned investors and beginners. But with so many providers out there, it’s natural to wonder: are Schwab ETFs any good? As someone who’s been tracking the ETF market closely, I can tell you that Charles Schwab has certainly made a name for … Read more